Big cities are dying. This should shock you.

[buckeyefarmer]

The donut analogy is very accurate and could be used to describe many cities.

I agree, a good analogy.

I think the decay starts with houses becoming rentals.

 

[MossRoad]

I agree, a good analogy.

I think the decay starts with houses becoming rentals.

More so with absentee landlords.

 

[goeduck]

It is probably not at the bottom yet!
Maybe 30 years for recovery?

All it will take to get the recovery started is a new city council, mayor and city attorney (elected). The documentary says 64 percent of the population is dissatisfied, so hopefully they vote in a different mentality next time. Not betting on it, but sure hope it happens. The video also shows some council memebers ran on increasing police, then turn around and vote to reduce funding.

 

[om21braz]

I agree, a good analogy.

I think the decay starts with houses becoming rentals.

I think the "donut theory" is what they teach in real estate school? Somebody here can probably confirm that.

 

[shooterdon]

Most are Blue. Figure it out from there.

 

[fried1765]

Most are Blue. Figure it out from there.

YUP !!!